Bond eBbay 6% ( US2786422020 ) in USD

Issuer	eBbay
Market price	100 % ⇌
Country	United States
ISIN code	US2786422020 ( in USD )
Interest rate	6% per year ( payment 2 times a year)
Maturity	31/01/2056
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Minimal amount	25 USD
Total amount	750 000 000 USD
Cusip	278642202
Standard & Poor's ( S&P ) rating	BBB+ ( Lower medium grade - Investment-grade )
Moody's rating	Baa1 ( Lower medium grade - Investment-grade )
Next Coupon	01/08/2025 ( In 14 days )
Detailed description	eBay is a multinational e-commerce company providing consumer-to-consumer and business-to-consumer sales services via its website. This financial analysis focuses on a specific long-term debt instrument, a bond issued by eBay, the globally recognized e-commerce pioneer, identified by ISIN US2786422020 and CUSIP 278642202, originating from the United States. eBay, established in 1995, has evolved into a formidable force in the digital marketplace, operating a vast online platform that facilitates extensive consumer-to-consumer and business-to-consumer transactions, thereby maintaining its stature as a critical global player in online retail and classifieds. The bond itself offers an attractive fixed annual coupon rate of 6%, with interest payments disbursed semi-annually, providing a regular income stream to investors. Currently, the bond is quoted at 100% of its face value, indicating it trades at par in USD, suggesting equilibrium between its coupon rate and prevailing market yields. The total size of this particular issuance is substantial, amounting to $750,000,000, reflecting a significant capital raise for the issuer, and is accessible with a minimum purchase quantity set at 25 units. This debt instrument carries a notable long-dated maturity of January 31, 2056, positioning it as an option for long-term portfolio allocation. Crucially, the bond's creditworthiness is affirmed by two prominent rating agencies: Standard & Poor's has assigned a BBB+ rating, while Moody's has provided a Baa1 rating, both assessments falling within the investment-grade category, signifying a moderate level of credit risk and reflecting eBay's established financial health and operational stability.